Published on 10 Dec 2021 on Insider Monkey via Yahoo Finance

Should You Start Taking Profits in Hill International (HIL)?

Greystone Capital Management, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly median account return of +3.1% net of fees was recorded by the fund for the second quarter of 2021, compared unfavorably to the S&P 500 and Russell 2000 returns of +8.4% and +4.2% for the quarter, and favorably to year to date returns of +15.1% and +17.4% . You can view the fund’s top 5 holdings to have an idea about their top bets for 2021.

In the Q2 2021 investor letter of Greystone Capital Management, the fund mentioned Hill International, Inc. (NYSE: HIL), and discussed its stance on the firm. Hill International, Inc. is a Philadelphia, Pennsylvania-based management consulting company, that currently has a $125.1 million market capitalization. HIL delivered a 15.10% return since the beginning of the year, extending its 12-month returns to 52.41%. The stock closed at $2.21 per share on July 27, 2021.

Here is what Greystone Capital Management has to say about Hill International, Inc. in its Q2 2021 investor letter: